Prosper Australia welcomes Treasurer Jim Chalmers’ speech to the National Press Club today, highlighting the need for long-term, considered tax reform to build a stronger, more productive economy. “We cannot keep asking workers and businesses to carry the load while...
Prosper Australia has criticised the Federal Government’s newly announced Productivity Roundtable, warning that without land tax reform, productivity gains will continue to inflate land values rather than benefit the broader economy. “Every productivity gain ends up...
Prosper Australia urges the government to embrace real reform that ensures prosperity is shared by all.
Prosper Australia today expressed deep disappointment at the Victorian Government’s continued failure to implement value capture mechanisms in its recent upzoning announcements. By allowing landowners to reap windfall gains without returning a fair share to the community, the government has missed a vital opportunity to fund essential infrastructure and public services.
Prosper Australia today released new research examining Australia’s resource royalties. Australian states could capture an additional $14.5 billion in revenue each year by moving to a more flexible royalty model with variable rates that adjust to market conditions.
Prosper Australia has expressed strong concerns over the Allan Labor Government’s recent announcement of 50 new activity centres across Victoria, citing the absence of any form of Land Value Capture (LVC) mechanism as a missed opportunity to ensure fairness and economic sustainability.
2024 Speculative Vacancies report release shows 5.2% of Melbourne’s homes lie vacant. Prosper Australia’s 11th Speculative Vacancy report, examining water meter data, today revealed startling statistics on the extent of unoccupied housing in Melbourne that illustrate...
Prosper Australia today declared its disappointment at the state budget inaction on housing and tax reform. “The Housing Statement declared a goal of 800,000 new homes over the next decade, yet this budget contains only minor announcements on an increased construction...
Supply targets alone won’t solve the problem - we need redistribution and tax reform Prosper Australia today condemned the punitive approach taken by the Allan government to address housing supply, calling the strategy a complete miss of the mark. “Our research shows...
3 million workers could benefit from tax shift Prosper Australia today released new research highlighting the economic benefits of shifting taxes off income and onto land. Report highlights: Low and middle income earners face effective marginal tax rates (EMTRs) on...